- As we can see on scansper, the 2-3 last

months The Casper Association Wallet transfered more than 250 Millions CSPR to this account : 02021f3b0a6b1ae83917aa442c993d118fe74b6061e5886686c52439ba759913515c

Link : https://scansper.com/account/02035c47ccbeaa32040d6904b6dc163c3b546314c52b2a78583835f54a224ab365a4?tab=transfers&page=1

- Then the account sent the tokens to these addresses : 01f3358f266870ebb2c76e0b55c2e1f696c71d576c45a6665b344acfa28cfddb08 and 02021f3b0a6b1ae83917aa442c993d118fe74b6061e5886686c52439ba759913515c

Links : https://scansper.com/account/01f3358f266870ebb2c76e0b55c2e1f696c71d576c45a6665b344acfa28cfddb08?tab=transfers&page=1 and https://scansper.com/account/02021f3b0a6b1ae83917aa442c993d118fe74b6061e5886686c52439ba759913515c?tab=transfers&page=1


And finally all tokens are sent to OKX (to be sold ?). And the first transactions of the wallets to OKX was the 03/05/2023 ( https://scansper.com/deploy/9f5102389d7c619a1d942b16fe107b17a9ffc6485c1047125a7de7c1f43e76a2 ), when CSPR price was at his top (that may be chance).

Can we know what do these big transfers / sales correspond to ? Do the Casper Association trade with their tokens ? or for it's for MM, grants, ... ?

Hey Charlie, we will share this internally and come back to you with an update.

Perfect thank you Sean !

You're welcome mate.

Is there any answer about the question?

Hey qin, we’ll make sure to keep you in the loop once we’ve routed more information on this

i care about this

Hey, we are still waiting

Hello 0xlui, when we have information to share on this we will get back to you here.

@mrinalmanohar any update on this?

There is a request sent in to the association to answer the question. But as I mentioned it's usually always primarily about grants, balancing delegations etc. Sales if any are usually very small, it's a non profit.

Any news about this request?

Hey team, do you have news regarding my question asked one week ago ? Thanks in advance !

Not as of yet, Charlie

The wallets in question are owned by CL as can be seen in the accounts.toml file from genesis, not CA... as CEO I am surprised this wasn't known? To avoid speculation could the community obtain some clarity on why CL sent so much to an exchange?

@mrinalmanohar @sacherjj @MParlikar could the community obtain any clarity on this?

I'll bring it up again for you, Meld

Any news?

Please see my previous message, Robin

Following :)

Did you get any answers. Raised originally 12 days ago now.

Please refer to this for now, Meld: https://t.me/casperblockchain/662463 We don't have further comments currently.

Thank you however the response provided looks to be incorrect. The wallets are owned by Casper Labs not Casper Association according to the genesis accounts.toml file. Any information from @mrinalmanohar or another Casper Labs team member as to why 250M CL tokens would make their way to OKX is appreciated. I am sure there is a perfectly reasonable explanation for this and it would benefit everyone if any negative speculation was removed.

Like I said, we don't have further comments at the moment.

I appreciate that, but one of the team will hopefully look at this and clarify shortly. Thank you.

Hi Meld, Joe Davies here, I am on the core team at Casper, we do not have any comments on this as Jeroen previously stated.

Appreciate the response Joe; whilst I do not personally like the opaque nature of such large movements to an exchange its clear there isn't going to be transparency so I'll leave it there and not spend anymore time. Enjoy your weekends.

Why can't anyone answer your question?

CL don't want to comment on it

Well, I always thought that the most important thing for the project side was openness and transparency, but they just wanted to answer what they wanted to answer.

https://twitter.com/casper_network/status/1681657798663319552?s=52

@charlie85270

Yep I seen this message, but after checking with Casper Association, the wallet is the CasperLabs Holding one (not CA), so Mrinal should know what is it

maybe @MParlikar can help us

Has anyone responded to what the three billion tokens are used for? Investors are confused.

"The two things that I think are broken in foreign financial systems are one, overhead and the second is transparency -- and both of these lend themselves really, really well to blockchain technology." -- CEO Mrinal Manohar https://twitter.com/casper_labs/status/1659235019691261961?s=46&t=usbCe1h6m-DZ7JT-fFNJWQ This is a citation of Mrinal 2 month ago at the Salt conference. So transparency isn’t for everyone ? CasperLabs Holding sent more than 300 millions tokens to exchange at the top price since more than one year and you can’t comment on that ? I think we don’t have the same definition of transparency…

The matter has been raised for days, and the lab has not disclosed where the money went, and no one has explained it.